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OINC to NGN Converter and calculator

OINC/NGN: 1 OINC = 0.01051 NGN. The price of converting 1 OINC (OINC) to Nigerian Naira (NGN) is 0.01051 NGN today.
OINC
OINC
NGN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OINC to NGN real-time exchange rates, making it easy to convert OINC (OINC) to Nigerian Naira (NGN). The conversion result is based on real-time data. The conversion result shows that 1 OINC is currently valued at 0.01051 NGN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OINC is currently valued at 0.01051 NGN, which means buying 5 OINC would cost 0.05253 NGN. Similarly, ₦1 NGN can be converted to 95.19 OINC, and ₦50 NGN can be converted to 475.93 OINC, excluding any platform or gas fees.

Convert OINC to NGN

Convert NGN to OINC

OINC
Nigerian Naira
1 OINC
0.01051  NGN
Exchange 1 OINC for 0.01051 NGN
2 OINC
0.02101  NGN
Exchange 2 OINC for 0.02101 NGN
5 OINC
0.05253  NGN
Exchange 5 OINC for 0.05253 NGN
10 OINC
0.1051  NGN
Exchange 10 OINC for 0.1051 NGN
20 OINC
0.2101  NGN
Exchange 20 OINC for 0.2101 NGN
50 OINC
0.5253  NGN
Exchange 50 OINC for 0.5253 NGN
100 OINC
1.05  NGN
Exchange 100 OINC for 1.05 NGN
200 OINC
2.1  NGN
Exchange 200 OINC for 2.1 NGN
500 OINC
5.25  NGN
Exchange 500 OINC for 5.25 NGN
1000 OINC
10.51  NGN
Exchange 1000 OINC for 10.51 NGN
5000 OINC
52.53  NGN
Exchange 5000 OINC for 52.53 NGN
10000 OINC
105.06  NGN
Exchange 10000 OINC for 105.06 NGN
In the table above, you'll find a comprehensive OINC to NGN converter that shows the value of OINC in Nigerian Naira across commonly used conversion amounts. The list covers conversions from 1 OINC to NGN, all the way up to 10000 OINC, providing a clear view of their respective values.
Nigerian Naira
OINC
1 NGN
95.19 OINC
Exchange 1 NGN for 95.19 OINC
10 NGN
951.85 OINC
Exchange 10 NGN for 951.85 OINC
50 NGN
4,759.25 OINC
Exchange 50 NGN for 4,759.25 OINC
100 NGN
9,518.51 OINC
Exchange 100 NGN for 9,518.51 OINC
200 NGN
19,037.01 OINC
Exchange 200 NGN for 19,037.01 OINC
500 NGN
47,592.54 OINC
Exchange 500 NGN for 47,592.54 OINC
1000 NGN
95,185.07 OINC
Exchange 1000 NGN for 95,185.07 OINC
2000 NGN
190,370.14 OINC
Exchange 2000 NGN for 190,370.14 OINC
5000 NGN
475,925.36 OINC
Exchange 5000 NGN for 475,925.36 OINC
10000 NGN
951,850.71 OINC
Exchange 10000 NGN for 951,850.71 OINC
50000 NGN
4,759,253.57 OINC
Exchange 50000 NGN for 4,759,253.57 OINC
100000 NGN
9,518,507.13 OINC
Exchange 100000 NGN for 9,518,507.13 OINC
In the table above, you'll find a comprehensive NGN to OINC converter that shows the value of Nigerian Naira in OINC across commonly used conversion amounts. The list covers conversions from 1 NGN to OINC, all the way up to 100000 NGN, providing a clear view of their respective values.

OINC to NGN chart

OINC/NGN: 1 OINC = 0.01051 NGN; 2025/09/10 19:23:53
In the past 1D, OINC has changed -0.04% to NGN. Based on the trend and price charts, OINC(OINC) has changed -0.04% to NGN while Nigerian Naira(NGN) has changed % to OINC in the last 24 hours.
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OINC to NGN conversion data: Volatility and price changes of OINC in NGN

The highest OINC price in NGN over the past 7 days was -- NGN while the lowest OINC price in NGN over the past 7 days was -- NGN. The relative change between the highs and lows in OINC price in NGN over the last 7 days indicates a volatility of %. You can view additional volatility data and OINC to NGN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.01051 NGN
-- NGN
-- NGN
-- NGN
Low
0.006940 NGN
-- NGN
-- NGN
-- NGN
Average
0 NGN
0 NGN
0 NGN
0 NGN
Volatility
%
%
%
%
Change
-0.04%
--
--
--

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Bitget P2P trading does not currently support direct buying of OINC with NGN. However, you can buy USDT in Bitget P2P trading first, and then buy OINC with USDT via Bitget spot market.
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OINC information

OINC to NGN market statistics

OINC/NGN:
₦0.01051
OINC 24h volume:
₦900,050.49
OINC market cap:
₦10,200,334.27
OINC circulating supply:
970.92M OINC

Current OINC to NGN exchange rate

OINC to Nigerian Naira is falling this week.
OINC's current market price is ₦0.01051 per OINC, with a total market cap of ₦10,200,334.27 NGN based on a circulating supply of 970,919,550 OINC. The trading volume of OINC has changed by --% (₦-- NGN) in the last 24 hours. Last trading day, OINC's trading volume was ₦--.

More info about OINC on Bitget

Nigerian Naira information

About the Nigerian Naira (NGN)

What Is the Nigerian Naira (NGN)?

The Nigerian Naira is the official currency of Nigeria, a country in West Africa. The Naira is symbolized by ₦ and has the currency code NGN. One Naira is divided into 100 Kobo. As Africa's largest economy, Nigerian Naira plays a crucial role both domestically and in the African financial landscape. The Nigerian Naira is the sole legal tender in Nigeria, and it is used for all transactions within the country.

The Nigerian Naira is issued by the Central Bank of Nigeria (CBN), which is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. The CBN is responsible for the design, production, and distribution of the currency, as well as for implementing monetary policy and maintaining the value of the Naira.

What Is the History of NGN?

The Nigerian Naira, introduced on January 1, 1973, marked a significant milestone in Nigeria's economic history, replacing the Nigerian pound at a rate of 2 Naira for 1 pound. This transition signified Nigeria's shift from the British pound sterling to a distinct and independent decimal currency system. The name 'Naira' was derived from 'Nigeria', symbolizing the nation's sovereignty in monetary matters. The initial series of banknotes and coins were the first to be issued by an independent Nigeria, with the coins being the last to feature Queen Elizabeth II, reflecting the country's colonial history.

Notes and Coins of NGN

The Nigerian Naira (NGN) comprises a variety of coins and banknotes, each with distinct values and designs. Coins in circulation include denominations of 50 Kobo, 1 Naira, and 2 Naira. Banknotes are issued in denominations of ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, and ₦1000.

What Is eNaira?

The eNaira is the first African central bank digital currency (CBDC). Launched on October 25, 2021, by President Muhammadu Buhari, the eNaira is issued and regulated by the Central Bank of Nigeria (CBN). It operates as a legal tender, just like physical Naira, but in a digital form, maintaining a one-to-one value with the traditional Naira. The eNaira aims to enhance financial inclusion, improve payment efficiency, and facilitate seamless cross-border transactions. It operates on a blockchain network, allowing peer-to-peer transactions without intermediaries, distinguishing itself from decentralized cryptocurrencies like Bitcoin by running on a private blockchain controlled by the CBN. Users access the eNaira through digital wallets, with transactions promising speed, reduced costs, and increased convenience.

Is NGN Pegged to GBP?

No, the Nigerian Naira (NGN) is not pegged to the British Pound Sterling (GBP). The Naira operates on a floating exchange rate system, where its value is determined by market forces based on supply and demand in the foreign exchange market.

Historically, Nigeria used the British Pound Sterling during its time as a British colony and for some years after gaining independence. However, in 1973, Nigeria introduced the Naira to replace the Pound Sterling and established its own monetary system. Since then, the Naira has not been pegged to the Pound Sterling or any other foreign currency but has been subject to fluctuations in the international currency markets.

Is NGN a Stable Currency?

The Nigerian Naira (NGN) has historically faced challenges regarding stability. The Naira had been experiencing significant fluctuations, largely due to factors such as political instability, economic challenges, and fluctuations in oil prices, which is a major revenue source for Nigeria. For instance, in 2021, the official exchange rate of the Naira to the US Dollar was around 380 NGN to 1 USD, while the parallel market rate was much higher, around 475 NGN to 1 USD. In June 2023, the Naira fell 23% in a day to a rate of ₦600 to US$1. This discrepancy indicates ongoing challenges in achieving currency stability.

Bitget crypto-to-fiat exchange data shows that the most popular OINC currency pair is the OINC to NGN, with for OINC's currency code being OINC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NGN.

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How to convert OINC to NGN

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OINC to NGN Conversion tables

The exchange rate of OINC is decreasing.
The exchange rate of 1 OINC to Nigerian Naira has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.04%, reaching a high of 0.01051 NGN and a low of 0.006940 NGN . One month ago, the value of 1 OINC was ₦-- NGN , which represents a --% change from its current value. Over the last year, OINC has changed by
-
--NGN
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 19:23 today 24 hours ago 24h change
0.5 OINC
₦0.005253₦--
-0.04%
1 OINC
₦0.01051₦--
-0.04%
5 OINC
₦0.05253₦--
-0.04%
10 OINC
₦0.1051₦--
-0.04%
50 OINC
₦0.5253₦--
-0.04%
100 OINC
₦1.05₦--
-0.04%
500 OINC
₦5.25₦--
-0.04%
1000 OINC
₦10.51₦--
-0.04%

OINC to NGN FAQ

How much is 1 OINC in NGN?
Right now, the price of 1 OINC (OINC) in Nigerian Naira (NGN) is ₦0.01051.
How much OINC can I buy for 1 NGN?
Based on the current exchange rate, you can get 95.19 OINC for 1 NGN.
How do I calculate or convert OINC to NGN?
You can use our OINC to NGN calculator at the top of this page to convert any amount of OINC to NGN. We've also included quick-reference tables for the most popular conversions. For example, 5 NGN is equivalent to 475.93 OINC, while 5 OINC will cost around 0.05253NGN.
What is the highest price of OINC/NGN in history?
The all-time high price of 1 OINC in NGN is --. It remains to be seen if the value of 1 OINC/NGN will exceed the current all-time high.
What is the price trend of OINC in NGN?
Over the past 7 days, the exchange rate of OINC (OINC) has gone down by --.   Over the last month, the exchange rate of OINC (OINC) has gone down by -- against Nigerian Naira (NGN).

What factors influence the conversion rate of OINC to NGN?

There are many factors that affect the relationship between OINC and Nigerian Naira, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of OINC/NGN. When there is positive news in the market about the widespread adoption of OINC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OINC/NGN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OINC/NGN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of OINC/NGN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of OINC and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular OINC currency pairs: OINC to US Dollar (USD), OINC to Euro (EUR), OINC to Pound Sterling (GBP), OINC to Canadian Dollar (CAD), OINC to Indian Rupee (INR), OINC to Pakistani Rupee (PKR), OINC to Brazilian Real (BRL), OINC to…
The price of OINC in the US is $0.{5}6984 USD. Additionally, OINC’s price is €0.{5}5966 EUR in the eurozone, £0.{5}5159 GBP in the UK, C$0.{5}9682 CAD in Canada, ₹0.0006149 INR in India, ₨0.001967 PKR in Pakistan, R$0.{4}3776 BRL in Brazil, and more.
The most popular OINC currency pair is the OINC to Nigerian Naira(NGN). The price of 1 OINC (OINC) in Nigerian Naira (NGN) is ₦0.01051.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.